Sold

587 Valley Road

Arroyo Grande CA, 93420

$1,650,000


$995.17 per sqft

Sold

2 Beds

2 Baths

1,658 sqft

Residential

Built in 1938

Listed by Cynthia Harrigan with Century 21 Hometown Realty, Arroyo Grande Office 805-481-4297

This 1938 Ranch has a lot of possibilities! This 7.3 acre ranch could be a multigenerational family compound, development opportunity, farm, investment or horse property. There are so many ways this property can be used. Split into 5 single parcels call city to confirm. There is a 2 bedroom house with 2 bathrooms, living room with very intricate woodwork and a rock wood burning fireplace with a cabin feel, kitchen, bonus room with french doors leading out to large front deck, part of the main house has been converted into an attached 1 bedroom 1 bath apartment with a full kitchen and laundry.
There is a detached Studio with an area for a kitchenette, 3/4 bath, Living room, Bedroom area and a large deck with two entrances. There is also a very large detached garage/storage room with a bonus room that could be an office and a seperate 3/4 bath. This building is currently being used as storage and an art studio. This garage is approximately 1,000 Sq. Ft. it has upgraded electrical, large picture windows, and a sliding glass door. This building offers a lot of possibilities.
The lower section of the property is prime farmland, great for garden, fruit trees or a large pasture. The NEW Owner will need to connect to city Sewer and water, located at the bottom of driveway.
Property is being sold "AS IS" Pest Report and Home Inspection have been done, Seller will not do any other reports and no repairs. Seller will provide a Home warranty. Seller has repaired the plumbing issue's called out on the home inspection.

PI23057877

MLS ID

April 10, 2023

Listed

February 16, 2024

Updated

Map

587 Valley Road
Arroyo Grande CA, 93420

Interior Features

Total Stories

1


Bedrooms

2 Beds


Bathrooms

2 Baths


Interior Features

All Bedrooms Down, Bedroom on Main Level


Appliances

Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator


Laundry Description

Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside


Floor Description

Carpet, Vinyl, Wood


Fireplace

Yes


Fireplace Description

Insert, Living Room, Wood Burning Stove


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Fireplace(s), Wall Furnace

Exterior/Building Features

Lot Size

7.32 Acres


Exterior Features

Awning(s)


Lot Features

0-1 Unit/Acre, Garden, Gentle Sloping, Horse Property, Lot Over 40000 Sqft, Pasture, Near Public Transit


Roof

Metal


Sewer

Septic Type Unknown

School Information

School District

Lucia Mar Unified


High School

Arroyo Grande


Elementary School

Harloe

Other Property Details

Area Name

ARRG - Arroyo Grande


Days on Market

201


Garage

No


Parking

On Site, Uncovered, Unpaved, Workshop in Garage


Parking Total

0


View

Yes


View Description

City Lights, Hills, Ocean, Pasture


County

San Luis Obispo


Water Source

Agricultural Well, Shared Well


Pool

No


Pool Features

None


Zoning

RR


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

1/10/2024

Price Change

$1,600,000

-4%

1/10/2024

Sold

1/2/2024

Pending

10/29/2023

Under Contract

10/5/2023

Price Change

$1,650,000

-7%

7/3/2023

Price Change

$1,774,000

-2%

7/3/2023

Active

6/5/2023

Under Contract

5/3/2023

Price Change

$1,799,000

-6%

Listing Contact: 805-481-4297 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 6:24 AM UTC

 

Powered byLuxury Presence